Paid Time Off - 1288 Words

To change the Caveman-like policy on paid time off (â€Å"PTO†) to the new unlimited PTO means to eliminate â€Å"vacation days† and â€Å"sick days† or a specific number of days given to employees to take off each year. Instead, company would allow employees to take as much as they need without being docked any pay. Before moving on to choosing the more suitable PTO policy, we do a research and analysis to have a better understanding about the new unlimited PTO policy. On one hand, the new unlimited PTO policy has some advantages. First of all, this new PTO policy would let employees recharge. The unlimited PTO policy allows employees to schedule in week or two-week-long trips that might not be possible under traditional PTO policy that now is being†¦show more content†¦The typical U.S. employee with paid vacation time took just a little more than half of his or her allowed time off in the previous 12 months, according to an April 2014 Harris survey conducted for Glass door. Just a quarter reported taking all the time off given to them, while 2 in 5 said they had taken 25 percent or less of their available time off (Milligan, 2015). For these employees, they may have the perception that when say â€Å"unlimited vacation†, it really means that there is â€Å"no vacation†. Finally, the most serious and important thing is that using the unlimited PTO policy would have potential for employee abused. If an employee chooses to abuse the unlimited PTO policy, it can be difficult to terminate the employee for absence because he or she is technically allowed to take that time off. The possibility of employee abuse exists, but there are ways to curb it. For example, we can limit how much time off employees can take at once, implement companywide systems requiring preapproval of vacation time, and ensure fair and equal treatment across the board. Establishing and reviewing performance goals can also help mitigate this challenge (Unlimited, n.d.). According to the analysis, I would suggest our company try the unlimited PTO policy. It seems that implementing the unlimited PTO would get more benefits than the traditional Caveman-like PTO policy.Show MoreRelatedPaid Time Off ( Pto ) Essay1625 Words   |  7 PagesIntroduction Paid time off (PTO) is the employer pools sick days, vacation days, and personal days that allows the employees to utilize upon need. this policy pertains mainly in USA as such no legal requirement for minimum number of paid vacation days. the PTO works best in the culture and accountable employee’s environment existing. US companies determine the amount off the pay day off that will be allocated to each employee. In general way PTO system cover, everything from planned vacation toRead MoreEssay On Paid Time Off1484 Words   |  6 PagesIt is apparent that paid time off can offer many benefits to employees and employers aside from just simply reducing occurrences of unscheduled time off, likewise, a paid-time-off (PTO) policy has other benefits such as PTO, makes employees more productive, increases retention rates, makes the company more attractive to new hires, and helps prevent people from feeling guilty about taking time off. All in all, incorporating PTO can appear as a frightening challenge, although the process will differRead MoreBenefits Of Paid Time Off Essay1547 Words   |  7 Pagesâ€Æ' Introduction Paid time off (PTO) is system employer use to accumulate all kinds of leaves as sick days, vacation days, and personal days that allow the employees to use upon need. this policy works mostly in the USA as such no legal obligation for a minimum number of paid vacation days. the PTO works best in the culture and accountable employee’s environment existing. US company’s regulator the amount the pay day off that will be allocated to each employee. a general way, The PTO system coverRead MorePaid Time Off ( Pto )1443 Words   |  6 PagesIntroduction Paid time off (PTO) is the system accumulate all kinds of identified leaves and specify as a bulk number for everyone, as sick leaves, vacation leaves, and personal leaves, this policy prevails in the USA as such no legal obligation for a minimum number of paid vacation days. The PTO works best in the culture and accountable employee’s environment existing. US companies commonly regulate the amount the pay day off that will be allocated to each employee. in addition, The PTO approachRead MoreBenefits Of A Paid Time Off Essay1566 Words   |  7 Pagesâ€Æ' Introduction Paid time off (PTO) is the system employer use to accumulate all kind of leaves as sick days, vacation days, and personal days that allows the employees to use upon need. this policy works mostly in the USA as such no legal obligation for a minimum number of paid vacation days. the PTO works best in the culture and accountable employee’s environment existing. US company’s regulator the amount off the pay day off that will be allocated to each employee. a general way, PTO system coverRead MorePaid Time Off (Pto) Policies1726 Words   |  7 PagesTraditional leave systems separate time off into vacation, sick leave, personal leave, and other types of leave. In contrast, paid time off (PTO) banks typically combine all time off benefits into one cumulative bank of days which an employee can draw upon for any need. The delineations of such plans vary by employer (Lindemann Miller, 2012). In an organization, employees may receive time off for as compensation benefits. This may include sick leave, personal leave, vacations, holidays, etc. DifferentRead MoreEssay On Not Getting Paid For Time Off1290 Words   |  6 PagesGetting Paid for Hours Worked Laws: Everything You Need to Know Not getting paid for hours worked laws provide that employers must abide by the Fair Labor Standards Act (FLSA) to ensure that all employees are paid for those hours worked. This Act was implemented in 1938 to set forth a minimum wage rate and establish wage rules for employees, particularly those under the age of eighteen. When employees works over 40 hours a week, they are entitled to overtime pay, which is equivalent to time and a halfRead MoreWomen s Impact On Women1407 Words   |  6 Pagesconcluded that this massive pay discrepancy is due to women taking extensive time off due to caring for children. Ultimately, what this study shows is that men who have children do not earn any less because of it. Yet women who have children, who work in the same fields as these men, do suffer. Research done in countries with paid maternity leave, and American companies who offer paid leave, show that when women have access to paid maternity leave, a year later they work more with higher earnings. WomenRead MoreThe Law Of The United States1314 Words   |  6 Pageslike Brazil, China, Netherlands, and Germany all offer 100 percent paid leave for a set number of days. According to the Huffington Post, â€Å"Sweden allows 480 paid leave days to be split between parents until the child is eight.† There are many benefits to paid parental leave that the U.S. as a whole and its fami lies are missing out on by not mandating it including, less costly employer turnover rates, increase in fatherly duties over time, and increases in the mothers pay. The U.S should no longer haveRead MoreArgument Against A Paid Maternity Leave Essay781 Words   |  4 Pagesthe above are strong arguments for the pressing necessity of a mandated paid maternity leave. Nevertheless, the many opponents of this initiative are arguing otherwise. One argument against a paid maternity leave is based on the assumption that one of the parents should not be working in the first place. In other words, a full-time stay-at-home parent is beneficial to the development of the child and therefore a paid limited-time maternity leave is redundant and is simply a waste of resources. Suzanne